Well, three top reasons come to mind:It will allow you to deduct their earnings on your own tax return.It is required by law for any person to whom you paid at least $600 in 2023, total.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

Some high-end STR's (like in Joshua Tree) do use professional models, but for your market and property type, I’d suggest removing personal photos and focusing on the space itself, so guests can imagine themselves there, which is really what you want.You also have 81 photos, that’s too many.

Hi Aaron,It's always challenging when companies go through transitions like this, especially when it involves something as personal and critical as managing retirement accounts.

True, converting a personal Schedule E to a partnership will indeed reduce your IRS audit chances, statistically speaking.

Nice to connect 😎Its in Joliet - Cathedral area I hope to meet you in person as well?

Perhaps there is a relevant book or podcast that you could suggest to expand my knowledge in this area.Considering you're experience with creative finance deals, which you mentioned previously, I am keen to hear about your personal insights and experiences.

From a personal standpoint I target 70% LTV for any investment I have that way gives me ability to sell it if I need too

Attend in person networking events in your area (there are many in and around Vancouver). 

Some will shed most is not all of their rentals and just do lending .. personal choice.. some things to keep in mind ONLY do first loans.